• Asian equity markets were poised to open lower after Meta Platforms Inc.’s disappointing outlook raised concern on whether the industry that has powered the bull market in equities has run too far.
• Futures for benchmarks in Tokyo and Hong Kong declined, while US stock contracts sank in early Asian trading. Australian financial markets are shut for a holiday. The yen was little changed after weakening beyond 155 per dollar for the first time in more than three decades on Wednesday.
• A $250 billion exchange-traded fund tracking the Nasdaq 100 got hit after the close of regular trading as the Facebook parent tumbled more than 15%. Meta projected second-quarter sales that were below analyst expectations